VAU 6.67% 35.0¢ vault minerals limited

Ann: Siana underground mineral resource, page-28

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  1. 748 Posts.
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    Once again HoM, no idea what your rambling on about. Projected AISC for life of OP was taken straight from Sept review, it was quoted in US$. I converted to A$ in my calcs. Please check them and let me know if you feel they are not correct. Still $95 mil net cash flow over the next 18 months based on PoG last Friday afternoon.
    Been researching recent UG developments over the past few days. Found a couple (hard rock). Both had development costs of around $20 mil with another $10 mil on capital items. Siana will have its own set if parameters which will add or subtract costs, probably add. But $40 mil, must some spoofy stuff going to happen down the tunnel.
    I guess, in line with your past gripes with Red 5, you tend to take the max and add a fair bit for effect. Must be an engineer thing.
    At the present SP the consultants are not the only ones making good money. But as we all know, this can be subject to change.
 
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